How Much You May Actually Have to Pay for a Rs1 Crore Home in Bengaluru; Check Hidden Charges
India, Aug. 18 -- A home of Rs1 crore in Bengaluru may appear to be a simple home purchase but it may cost way more with all the hidden charges. There are a number of extra costs which can make a significant difference in the final price, such as stamp duty, registration, amenities and other charges, parking etc.
Government Charges
Stamp Duty: The state of Karnataka imposes a stamp duty of 5% of the applicable value of the property. This comes to Rs5 lakh for a Rs1 crore home.
Cess & Surcharge: The total cess and surcharge is approximately 0.6%. If this is Rs1 crore, then it is about Rs60,000.
Registration Fee: The registration cost for the Karnataka state is 2% of the applicable value of the property. This would be worth Rs2 lakh for a...
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